Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Global Sensor Market Outlook:
Industry Insights & Opportunity Evaluation,
2015-2021
Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Research Nester, currently serving clients from 120+ countries
clients across the globe, is a leading service provider for
strategic market research and consulting. We aim to provide
unbiased, unparalleled market insights and industry analysis to
help industries, conglomerates and executives to take wise
decisions for their future marketing strategy, expansion and
investment etc. We believe every business can expand to its new
horizon, provided a right guidance at a right time is available
through strategic minds. Our out of box thinking helps our
clients to take wise decision so as to avoid future uncertainties.
Through our robust, unbiased extensive primary and secondary
research, we help organizations to understand current and
future market trends, thus letting them making a prolonged yet
dynamic financial investment.
Entering New Emerging Markets
Launch & Viability of Product
Competitive Analysis
Industry Analysis
Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Real Estate
Food & Beverage
FMCG
Industries
Catered
Energy & Power
Healthcare
Information Technology
Semiconductor
ICT
Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Our Services
Actionable Insight
Data Collection
Business Solution
Research & Analysis
Data Analysis
Primary
Research
Secondary
/Desk
Research
Company
Analysis
Recommendation Competition
Study
Channel
Assessment
Study of
Developme
nts
Market
Assessment
/Estimation
s/Forecast
Future
Share
Target
Market
In-depth Industry Analysis
Our exhaustive research reports are a combination of qualitative and quantitative data and analysis Research conducted using credible database and industry tools and primary insights Unbiased and detailed analysis of financial statistics, competitor’s analysis Market size estimation (by value and volume) and forecasting Detailed mapping on SWOT Analysis, Porters’ Five Force Model Analysis, PESTEL Analysis
Custom Research Services
Tracking the market as per the industry’s movement Conducting interviews to portray real situations and industry’s trends In-depth analysis and information gathering as per client’s requirement Provide 360 degree approach reports to meet client’s specific requirement
We Offer
Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Sample Research Presentation Look for Your
Requested TOC/Research
Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Global Sensor Market Overview
Sensor Market is one of the fastest growing markets across the globe. Rise in
innovative technology to optimize the utilization of resources with precise output
leads to adopt the sensor installed equipment to obtain better quality. The growth
of modern technologies in the field of automotive, electronics & IT technology
would further fuel the market of sensors across the globe. In addition to that,
high gain on consumer experience, innovative ideas to transform the usage of a
particular device or equipment has allowed companies to invest with a great
confidence in the research and development programs in sectors like,
manufacturing, transport, electronics etc.
Due to vast application of sensors & growing demand for the modification of
technologies in almost every sector, a spur has been created in almost every
smart device market. Further, in the era of technological advancements to
operate tasks through remote technology would fuel the sensor market globally.
Market Segmentation
By Technology
Conventional Sensor Technologies
Electrical & Magnetic
Photoelectric & Optoelectronic
Mechanical
Sonic & Ultrasonic
Other
Advanced Sensor Technologies
Micro-electrochemical Systems (MEMS)
Smart Sensors & Smart Dust
Nano-technology
Electric Noses & Tongues
Telematics
By Type
Process Variable Sensors
Pressure Sensors
Differential & Gauge
Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Vacuum & Absolute
Temperature Sensors
Thermocouples
Thermistors
Resistance Temperature Detectors
Others
Flow & Level Sensors
Ultrasonic & Electromagnetic
Mass Flow
Differential Pressure
Others
Other Process Variable Sensors
Physical Property Sensors
Speed Sensors
Motion Sensors
Others
Proximity & Positioning Sensors
Chemical Property Sensors
Electrical Property Sensors
Imaging Sensors
Other Sensors & Transducers
By End-Use Industry
Industrial Automation
Biomedical & Healthcare
Consumer Electronics
Building Automation
Automotive
Aerospace & Defense
Others
By Region
Home Healthcare Device Market is further classified on the basis of region as
follows:
North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity
Analysis
Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y
growth & Opportunity Analysis
Western and Eastern Europe (U.K., Germany, France, Italy, Spain,
Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe)
Market size, Y-O-Y growth & Opportunity Analysis
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest
of Asia) Market size, Y-O-Y growth & Opportunity Analysis
Growth Drivers and Challenges
Growth in automation industry to manufacture goods in qualitative & quantitative manner to meet the needs of the consumers would leads to use of advanced technology equipped with sensors to obtain efficient output. This in result would grow the global sensor market in the forecast period of 2016-2021.
Further, spiked demand for different types of logical controllers with installed sensors used to perform different tasks according to the requirements would escalate the sensor market across the globe.
Use of latest sensors to manufacture compatible and handy electronic devices equipped to perform various tasks is projected to open new avenues for the sensor market in future. In addition to that, expanded market of electronic devices would directly help the sensor market to reach new heights in near future.
Furthermore, development in driverless automotive & modification in existing vehicles (rain wiping sensors, parking sensors, etc.) is projected to bolster the demand of sensors across the globe, thus helping the overall global sensor market to see a bright demand during the forecast period of 2016-2021. The communication industry can’t be ignored when speaking about the broad acceptance of sensors. The modification in communication systems through satellite networking would is considered as one of the key factors that has helped and continue to help sensors market in near future. Going forward, addition of biometric devices for security purposes in various industries surely has allowed small and big players to jump into the market.
Huge initial investment and installation cost, un-deniable need of R&D for market players, expected continuous fall in the average price of sensors due to economies of scale etc. are few reasons that are expected to dampen the global sensors market in near future. Further, presence of strict governmental
Copyright © Research Nester Pvt. Ltd. www.researchnester.com
regulations for quality of sensors & safety of consumers would be a huge restraint for the global sensor market.
Market size & forecast
Expanding at a CAGR of 9.2%, the Global Sensor Market is expected to cross USD 140 Billion by 2021. Further, use of sensors in smart railways in developing economies like India, China, Brazil, South Korea etc. would enable a huge demand for the existing and new players in the market.
Global Smart Railways Rail Sensors Market Size (USD Billion),
2015-2021
Source: Research Nester
In North America, U.S. market is projected to grow at a CAGR of 6% in the forecast period of 2016-2021 followed by Canada. The rising demand of touch sensors & image sensors due to advancement of electronic devices in U.S. is expected to dominate the overall sensor market in the respective country.
XX
XX
XX
XX
XX
XX
XX
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
2015 2016e 2017f 2018f 2019f 2020f 2021f
Market Size
Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Global Sensor Market (USD Million) – By Flow & Level Sensors,
Biosensors & Chemical Sensors, 2021
Source: Research Nester
On the back of factors like better GDP figures, expanded government budgets for public sector, hiked personal disposable income etc. Asia-Pacific region is projected to be the second largest contributor to global sensor market. A greater demand due to presence of emerging nations like China, India and requirements in sensing technologies in various industries, presence of huge IT sector would propel the global sensor market in the forecast period of 2016-2021.
Key Players
Analog Devices Inc.
ABB Limited
Micron Technology
ST Microelectronics
XX
XX
0.0
1000.0
2000.0
3000.0
4000.0
5000.0
6000.0
7000.0
Flow & Level Sensors Biosensors & chemical sensors
10.8%
CAGR: (2021)
6.61%
CAGR: (2015-2021)
11.5%
CAGR: (2021)
Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Sony Corporation
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
By Technology Market Size & Y-O-Y Growth Analysis
By Type Market Size & Y-O-Y Growth Analysis
By End-user Market Size & Y-O-Y Growth Analysis
By Regions
Global Sensor Market has been studied on countries and regions like:
North America (U.S., Canada) Market Size & Y-O-Y Growth Analysis
Latin America (Mexico, Brazil, Rest of Latin America) Market Size & Y-O-Y
Growth Analysis
Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux,
Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe)
Market Size & Y-O-Y Growth Analysis
Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand &
Rest of Asia) Market Size & Y-O-Y Growth Analysis
Middle East and North Africa (MENA) Market Size & Y-O-Y Growth
Analysis
Rest of World Market Size & Y-O-Y Growth Analysis
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product
Portfolio
Recent Trends and Developments
Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic
environment
Recent News & Developments
September 15, 2016: The advancement of biometric fingerprinting technology takes a step ahead after the discovery of flexible finger printing technology using silicon material. It enables the task forces to lock or unlock the confidential files & devices using this technology.
Copyright © Research Nester Pvt. Ltd. www.researchnester.com
For more info please visit us at:
Research Nester Pvt. Ltd. 1820 Avenue M, Suite #1113 Brooklyn, New York 11230
U.S. (T) +1 646 586 9123
Canada (T) +1 437 889 3230 U.K. (T) +44 203 608 5919
www.researchnester.com, [email protected]